The Venture Codex Logo

The Venture Codex

Newlink

Xueqing Jiachuang Building, Tower A, 5th Floor, Beijing, 100083, China

Overview

能链 (NewLink), founded in 2016, is an energy‑industry IoT company operating six business lines including 团油, 快电, 能链云, 能程科技, 能链综合能源港 and 能链便利. The company focuses on integrated energy and mobility solutions with an explicit commitment to “zero‑carbon energy” and has obtained carbon‑reduction verification reports from 中检集团 and SGS. 能链 was invited to speak at the 26th UN Climate Conference in November, sharing its carbon‑neutral practices. The firm says it has helped drivers, especially commercial vehicle drivers, save tens of billions RMB in fuel and electricity and has run over a thousand public‑welfare events. 能链 is described in the article as a global new‑energy top‑500 company and a unicorn that has completed multiple financing rounds. Its reported shareholders include institutional investors such as 招商局资本, 中金资本, 贝恩资本, 小�米集团, 蔚来资本 and others. Newlink Group is a fast-growing online technology platform that helps match drivers in China with gas stations and EV charging piles through its two apps, Tuanyou and Kuaidian. The company offers a suite of SaaS, payment and IoT solutions to help gas station and EV charging station owners drive incremental sales, reduce procurement costs, manage operations and grow profits. Newlink leverages a network of 23,000 gas stations (about 20% of China’s total) and 700,000 charging piles (about 90% of China’s total) across 1,700 cities and towns and targets to serve 400 million drivers. The company plans to digitize partner stations’ operations and convert some independent stations into Newlink-branded “Energy Service Hubs” that combine gas, EV charging, auto maintenance and convenience stores. Newlink is focused on expanding its EV charging network and investing in R&D and product adoption to support broader electrification. The company was founded in 2016 and is described in the announcement as the undisputed leader in China’s energy technology sector.

Total raised
$200M
Funding rounds
2
Latest round
Equity
Latest activity
Mar 2021

Industries

  • Energy
  • Energy Management
  • Internet of Things
Visit website

Recent funding

  1. Equity

    Mar 2021

    $200M

Team

No current team members are available.